Every fourth invoice issued by SMEs paid late

Micro-enterprises, as well as small and medium-sized enterprises, have a problem with recovering amounts due from contractors. Entrepreneurs lack knowledge and skills in debt collection, and they are also afraid of losing a client if they start trying to recover debts. The solution may be to outsource debt collection to an external company, now also possible via an internet platform.

"Our research shows that 26 percent of invoices from the SME and micro-enterprises sector are paid after the…